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Wall Street week ahead: Retail sales, factory output data to guide US stock markets
16 Jun

Wall Street week ahead: Retail sales, factory output data to guide US stock markets

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On Wall Street in the week ahead, the stock markets would be guided by key economic data such as US retail sales and factory output among others. The holiday-shortened week will also see few big earnings such as IT and consulting services firm Accenture and supermarket chain Kroger. Economic eventsOn June 17 (Monday), data on the Empire State manufacturing survey for June will be released. ALSO READ: Macro data, BoE, China verdict, FII mood, global cues to drive markets this week On June 18 (Tuesday), US retail sales data for May and a report on industrial production for the same month…
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Wall Street: Adobe shares soar 16% on higher annual revenue forecast
14 Jun

Wall Street: Adobe shares soar 16% on higher annual revenue forecast

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Adobe shares soared 16 per cent on Friday after the company raised its annual revenue forecast on higher demand for its artificial intelligence-powered software. At 12:24 pm EDT, Adobe shares were  at $525.44, higher by $66.70, or 14.54 per cent on the tech-heavy Nasdaq. Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. 3.6 Crore Indians visited in a single day choosing us as India's undisputed platform for General Election Results. Explore the latest updates here! Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download…
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